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Select Water Solutions WTTR Water Infrastructure — Tangible Asset Impairment Charges

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Other financials

Income statement

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Revenue$395.8M+8.7%
Gross profit$76.8M+33.1%
Operating income$34.3M+123%
Net income$21.0M+97.6%
EPS (diluted)$0.17+70.0%

Balance sheet

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Cash & equivalents$33.4M-34.8%
Total debt$292.0M-6.4%
Total equity$1.0B+31.3%
Total assets$1.8B+15.6%

Cash flow

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Operating cash flow$86.7M+5.0%
CapEx$71.0M-10.6%
Free cash flow-$68.1M-27.4%

Valuation

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Market cap$2.69B+211%
Enterprise value$2.95B+162%
P/E83.3×+58.4×
P/S1.9×+1.3×

Profitability

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Gross margin16.1%+1.1pp
Operating margin3.5%-0.4pp
Net margin2.3%-0.1pp
FCF margin-7%-7.7pp

Returns & leverage

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Return on equity3.5%-0.9pp
Debt / equity0.3×-0.1×
Current ratio1.6×-0.4×

Where this comes from

Reported directly by Select Water Solutions in its filing.

Tagged under the XBRL concept us-gaap:TangibleAssetImpairmentCharges.

The source filing: Select Water Solutions’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 4:31 PM EST
Fiscal year
FY2025
Accession
0001104659-26-017085
Line itemYear ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
Abandonment of property and equipment
Water Infrastructure$4,372$860$432
Water Services6103311,070
Other1,23946
Total abandonment of property and equipment$6,221$1,237$1,502

ITEM 16. FORM 10-K SUMMARY.

FAQ

What is Select Water Solutions's water infrastructure — tangible asset impairment charges?
Select Water Solutions (WTTR) reported water infrastructure — tangible asset impairment charges of $1.1M in Q4 2025.
How has Select Water Solutions's water infrastructure — tangible asset impairment charges changed year-over-year?
Select Water Solutions's water infrastructure — tangible asset impairment charges increased by 411.6% year-over-year, from $215K to $1.1M.
What is the long-term trend for Select Water Solutions's water infrastructure — tangible asset impairment charges?
Over 2 years (2023 to 2025), Select Water Solutions's water infrastructure — tangible asset impairment charges has grown at a 219.1% compound annual growth rate (CAGR), from $432K to $4.4M.
What does water infrastructure — tangible asset impairment charges mean?
This metric represents the write-down of the carrying value of tangible infrastructure assets when their book value exceeds their recoverable amount. It signals potential obsolescence, physical damage, or a reduction in the expected utility of the company's capital assets.

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